Verger Capital Management LLC Takes $4.54 Million Position in iShares Global Energy ETF (NYSEARCA:IXC)

Verger Capital Management LLC purchased a new stake in iShares Global Energy ETF (NYSEARCA:IXC) in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 148,690 shares of the company’s stock, valued at approximately $4,543,000. iShares Global Energy ETF makes up 2.4% of Verger Capital Management LLC’s holdings, making the stock its 10th largest position. Verger Capital Management LLC owned 0.52% of iShares Global Energy ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Fisher Asset Management LLC raised its position in iShares Global Energy ETF by 832.5% during the second quarter. Fisher Asset Management LLC now owns 12,165,827 shares of the company’s stock valued at $395,024,000 after purchasing an additional 10,861,181 shares in the last quarter. Morgan Stanley raised its position in iShares Global Energy ETF by 5.2% during the second quarter. Morgan Stanley now owns 915,716 shares of the company’s stock valued at $29,734,000 after purchasing an additional 45,366 shares in the last quarter. Jane Street Group LLC raised its position in iShares Global Energy ETF by 66.7% during the second quarter. Jane Street Group LLC now owns 108,586 shares of the company’s stock valued at $3,526,000 after purchasing an additional 43,439 shares in the last quarter. Newfound Research LLC acquired a new position in iShares Global Energy ETF during the third quarter valued at approximately $999,000. Finally, Ladenburg Thalmann Financial Services Inc. raised its position in iShares Global Energy ETF by 94.4% during the second quarter. Ladenburg Thalmann Financial Services Inc. now owns 35,097 shares of the company’s stock valued at $1,140,000 after purchasing an additional 17,045 shares in the last quarter.

IXC traded down $0.10 during trading on Friday, hitting $31.60. 170,270 shares of the stock traded hands, compared to its average volume of 295,879. iShares Global Energy ETF has a twelve month low of $27.69 and a twelve month high of $35.03. The business has a 50 day moving average price of $30.48 and a 200 day moving average price of $31.24.

iShares Global Energy ETF Profile

iShares Global Energy ETF (the Fund), formerly iShares S&P Global Energy Sector Index Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance of the S&P Global Energy Sector Index (the Index). The Index is a subset of the S&P Global 1200 Index, and measures the performance of companies that S&P deems to be part of the energy sector of the economy.

See Also: CBOE Russell 2000® Volatility Index

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Institutional Ownership by Quarter for iShares Global Energy ETF (NYSEARCA:IXC)

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